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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
Selling price per unit
Variable expense per unit
Fixed expense per month
Unit sales per month
$30
$15
$12,450
980
Required:
What is the company's margin of safety?
Note: Do not round intermediate calculations.
What is the company's margin of safety as a percentage of its sales?
Note: Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34).
\table[[1. Margin of safety (in dollars),$348,600,],[2. Margin of safety percentage,,%
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